https://www.taxtmi.com/caselaws?id=43787 Deductions from excisable value for turnover discount, cash discount, prompt payment discount, dealer discounts and transit insurance are allowable only when the assessee proves entitlement, quantum and linkage to the relevant goods at or before removal. Unsupported claims based on later credit notes, unproduced circulars, missing break-ups, or absent policy documents were rejected because the authority could not verify that the allowances were ascertainable in the valuation period. The assessment was therefore sustained, and the broader principle is that discounts or related charges in excise valuation must be evidenced and identifiable at the relevant stage. en-us Thu, 17 Mar 1994 00:00:00 +0530 Mon, 21 Jun 2010 10:53:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43787 Deductions from excisable value for turnover discount, cash discount, prompt payment discount, dealer discounts and transit insurance are allowable only when the assessee proves entitlement, quantum and linkage to the relevant goods at or before removal. Unsupported claims based on later credit notes, unproduced circulars, missing break-ups, or absent policy documents were rejected because the authority could not verify that the allowances were ascertainable in the valuation period. The assessment was therefore sustained, and the broader principle is that discounts or related charges in excise valuation must be evidenced and identifiable at the relevant stage. Case-Laws Central Excise Thu, 17 Mar 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43787